Aries Agro Balance Sheet Health
Financial Health criteria checks 5/6
Aries Agro has a total shareholder equity of ₹2.9B and total debt of ₹344.0M, which brings its debt-to-equity ratio to 12.1%. Its total assets and total liabilities are ₹5.7B and ₹2.9B respectively. Aries Agro's EBIT is ₹547.8M making its interest coverage ratio 2.9. It has cash and short-term investments of ₹218.1M.
Key information
12.1%
Debt to equity ratio
₹344.05m
Debt
| Interest coverage ratio | 2.9x |
| Cash | ₹218.07m |
| Equity | ₹2.85b |
| Total liabilities | ₹2.87b |
| Total assets | ₹5.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532935's short term assets (₹4.0B) exceed its short term liabilities (₹2.4B).
Long Term Liabilities: 532935's short term assets (₹4.0B) exceed its long term liabilities (₹501.2M).
Debt to Equity History and Analysis
Debt Level: 532935's net debt to equity ratio (4.4%) is considered satisfactory.
Reducing Debt: 532935's debt to equity ratio has reduced from 70.7% to 12.1% over the past 5 years.
Debt Coverage: 532935's debt is well covered by operating cash flow (250.2%).
Interest Coverage: 532935's interest payments on its debt are not well covered by EBIT (2.9x coverage).